The Madison

5353 North 16th Street
Phoenix, AZ 85016
Type: Office
Size: 177,312 sq. ft.
Built: 1990
Investment Date: December 2014
Strategy: Value Add
The Madison includes two four story Class B+ open-atrium office buildings with a total 177,312 square feet. Building I was completed in 1986 with a two level subterranean parking garage; building II was completed in 1990 and includes a four level subterranean parking garage. Both buildings are constructed with an exterior of pre-cast concrete panels, ribbon windows and curtain wall main entries. The property is located at the southeast corner of Missouri and 16th Street in Phoenix, AZ. This location is approximately 1.5 miles from the highest density of core office buildings in the Phoenix MSA and is located in an amenity rich location with numerous dining options and high end resort/convention centers. EverWest acquired the asset in December 2014.